A significant change in momentum is being observed in the cryptocurrency market as U.S. Bitcoin spot ETFs report withdrawals of over $196 million for the fourth day in a row. With money steadily shifting from $BTC to more utility-driven assets like $ETH and stablecoins, investor sentiment is being put to the test as worries about U.S. stagflation deepen.
Simultaneously, MetaMask is suggesting a revolutionary step by launching its own USD stablecoin, mmUSD, in collaboration with Stripe. This stablecoin signals a shift away from pure speculation and towards mainstream usability and financial infrastructure by attempting to anchor payments within the MetaMask ecosystem.
Amid this shift toward real utility and ecosystem value, tokens like INFINITI (IN) is backed by Agentic DeFi ecosystem, the IN token enables users to stake, vote on protocol upgrades, and earn from AI-driven DeFi strategies which is set to be launched soon (Source: BingX).
All of these changes point to a larger pattern: initiatives that provide practical payment methods and steady yield mechanisms, such as Exthereum staking and stablecoin adoption, are subtly gaining steam, while established crypto assets, such as Bitcoin, are under pressure from institutional products to withdraw. Utility-first technologies are replacing store-of-value narratives in the market.
